CAPITAL MARKETS

Hunan committed despite sell-off, says Compass

CHINA’S Hunan Nonferrous Metals Corp remains committed to Compass Resources and its Browns base metals project despite Hunan’s recent sell-down of 50% of its stake in Compass, Compass said this morning.

Paul Garvey
Hunan committed despite sell-off, says Compass

On Friday, Hunan sold 6 million Compass shares off-market to institutional buyers at $4.10 apiece, reducing the Chinese company’s holding to 6 million shares. Compass said that while it recognised the...

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